City Cost Report
London skyline
London
Toronto skyline
Toronto
VS

London is 23% cheaper than Toronto overall.

LondonToronto
Rent (1BR City Centre)$1,700.00 CAD$2,450.00 CAD
Rent (1BR Outside Centre)$1,450.00 CAD$2,100.00 CAD
Groceries Index100108
Monthly Transit Pass$100.00 CAD$156.00 CAD
Utilities (monthly)$140.00 CAD$160.00 CAD
Gas (per litre)$1.60 CAD$1.65 CAD
Mid-range Meal$24.00 CAD$28.00 CAD
Gym Membership$50.00 CAD$70.00 CAD
Childcare (monthly)$1,200.00 CAD$1,750.00 CAD

Each city is shown in your selected currency (toggle CAD/USD in the header); cheaper values are highlighted after converting to a common currency. Updated June 2026.

Salary Equivalence Calculator

If you earn $in London...

You would need $78,190 in Toronto to maintain the same lifestyle.

Frequently asked questions

Is London cheaper than Toronto?

London is 23% cheaper than Toronto overall.

How much is rent in London vs Toronto?

A one-bedroom in the city centre averages $1,700 CAD per month in London and $2,450 CAD in Toronto. Outside the centre, it is $1,450 CAD in London and $2,100 CAD in Toronto.

What salary do I need to move from London to Toronto?

On average, you need about 130% of your current salary — for example, $60,000 in London is roughly equivalent to $78,190 in Toronto.

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